I currently have a charged off debt and cannot get the original creditor (still owns debt) or collection agency to work with me on a repayment plan. They each point to the other about who can authorize a repayment plan. So I sit here waiting for them to sue me for the debt when I contact them every month for a plan. I am afraid to make a payment because i do not know how it will affect the SOL on the debt. My frustration is that they will not work with me or acknowledge my requests to repay them.
I have a charged off loan which I have been trying to get a repay plan on but the debt is listed as one amount on my CBR and the debt collector had the balance increased by $12K more when discussing it over the phone. That is outrageous that they do not have an accurate amount of what is owed to the original lender.
I have a charged off debt I want to pay off. I cannot afford a lump sum and asked the debt collector and original lender in writing mutiple times to work with me on a settlement. They refuse to answer my letters and I keep writing every month. I think they should be made to at least respond to a customer requests for repayment. They keep asking for my employer name and bank account number because I know they want to use it to garnish my wages and bank account. Of course I do not have $32k to settle. It was a 2nd mtg, I lost home due to loss of job, they refused to modify because they said investor wanted to foreclose instead. Can you guys get them to respond to customer repayment requests, acknowlege customer letters and work with customers on charged off debts that are willing but cannot make lupm sum settlements?
mlme254
1
I currently have a charged off debt and cannot get the original creditor (still owns debt) or collection agency to work with me on a repayment plan. They each point to the other about who can authorize a repayment plan. So I sit here waiting for them to sue me for the debt when I contact them every month for a plan. I am afraid to make a payment because i do not know how it will affect the SOL on the debt. My frustration is that they will not work with me or acknowledge my requests to repay them.
View this comment in the discussion thread
mlme254
2
I have a charged off loan which I have been trying to get a repay plan on but the debt is listed as one amount on my CBR and the debt collector had the balance increased by $12K more when discussing it over the phone. That is outrageous that they do not have an accurate amount of what is owed to the original lender.
View this comment in the discussion thread
mlme254
3
I have a charged off debt I want to pay off. I cannot afford a lump sum and asked the debt collector and original lender in writing mutiple times to work with me on a settlement. They refuse to answer my letters and I keep writing every month. I think they should be made to at least respond to a customer requests for repayment. They keep asking for my employer name and bank account number because I know they want to use it to garnish my wages and bank account. Of course I do not have $32k to settle. It was a 2nd mtg, I lost home due to loss of job, they refused to modify because they said investor wanted to foreclose instead. Can you guys get them to respond to customer repayment requests, acknowlege customer letters and work with customers on charged off debts that are willing but cannot make lupm sum settlements?
View this comment in the discussion thread